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Developer David Mazur said he's been building apartment complexes and running the ones he builds for 18 years. He has a formula. He knows it works. And he knows the type of tenants he expects to be attracted to his units.
With that experience, he's sure the 80-unit complex
The next steps are yet to be determined.
That seems to be the ongoing response from city and county officials in the aftermath of an announcement by CEO Samuel Savarino that his company will be ceasing operations and laying off its employees.
Savarino is the developer of Ellicott Station, the four-story apartment complex touted as an economic lifesaver for downtown Batavia and for working individuals and families in need of an affordable, quality and safe place to live.
That economic vision was blurred earlier this year when the online rental application indicated income requirements of very low to low ranges, seemingly squelching the notion that the units would indeed be for workforce individuals. The Batavian had reached out to Savarino requesting details about a lottery that awarded rentals to 55 tenants. He wasn’t privy to such information, he had said at the time.
The Batavian was the first and only news source to report on the apparent requirements and changes in income at Ellicott Station. You can help community-minded local reporting continue by joining Early Access Pass.
Press Release:
Greenside Cannabis, in partnership with Dank, Buffalo’s first
licensed adult-use dispensary, and Empire Hemp Co., is thrilled to announce the WNY Cannabis Growers Showcase.This unique event will be hosted at Empire Hemp Co.'s retail CBD store, 204 E. Main St., in Batavia, NY, beginning on August 29
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